John Murphy from Point Judith Capital, Alessandra De Vaca of Hebrew Senior Life and Matthew Bellows from YesWare are my 3 guests.
Please watch our 30-second promo below for the Language of Business TV Show's Episode #4, on the Organizational Plan. John Murphy from Point Judith Capital, Alessandra De Vaca of Hebrew Senior Life and Matthew Bellows from YesWare are my 3 guests.
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Samir Jaluria, a Boston College MBA Graduate and a healthcare consultant with extensive experience across different parts of the healthcare value chain, spoke to us about the current state of the US healthcare market and the implications of the Affordable Care Act for payers, providers and medical device/pharmaceutical companies. His LinkedIn profile is here and the interview link is here, too. Josef Blumenfeld, a second guest, has been a strategic communications professional for more than 20 years, putting his skills, talents, and expertise to work in the public relations and public affairs arenas in 39 countries. Most recently, Josef served as the Senior Vice President, Corporate Communications/Corporate Affairs at global education company Houghton Mifflin Harcourt, where he had worldwide responsibility for all aspects of the Company's internal, social, and external communications, including all communications around the Company's highly-visible bankruptcy filing. He served as spokesman, and managed PR agencies and a team of 10 professionals in several locations. His LinkedIn profile is here and the interview link is here, too. See video below. (Due to a typo on the production schedule his last name was incorrectly pronounced but is Blumenfeld). Kumi Inoue, Bob Masland and Alan Lunder were on the TV Show this morning as we filmed Episode #5 (International Sales) on the Language of Business. Their respective backgrounds are below. They were all terrific and this episode should air in about 6 weeks, or so. The Show is now broadcast on over 10 stations in Massachusetts and across the US. It's been extremely helpful, to date, achieving our primary objective to generate project leads for our Boston College Consulting and Business Plan courses. There's a quick photo at the bottom taken during our first-ever international interview with Kumi Inoue in Tokyo, Japan.
Kumi Inoue Kumi Inoue is our first guest, and is the President & CEO of Here and Now, Inc., from Tokyo, Japan. She teaches communication and runs interpretation schools, lectures at the Japan Advanced Institute of Science and Technoloy (JAIST), coaches global human resources seminars at leading companies, and gives presentations on communication, and writes books. Her LinkedIn profile is here. Bob Masland Bob Masland comes from an impressive sales background, developed and honed over three decades. Among other positions, he has been a manufacturer’s representative for companies based outside of the US, has sourced product overseas for domestic customers and has regularly had to re-jigger his business approaches in the face of rapidly changing economic conditions. This is his LinkedIn profile. Alan Lunder Alan Lunder is our entrepreneur on episode #5. His company is Black Diamond Footwear and here's an overview of their business: Our mission is clear. Our purpose is simple. Build the Best Damn Fire Boot. Black Diamond develops innovative and performance footwear for the fire service industry. Our boots are built for firefighters who perform random acts of bravery - it's not just their job, it's their passion. Our passion is to make the best damn boots to support these bold and brave men and women who run toward danger while others run away. Utilizing proprietary materials, innovative thinking and input from firefighters, we build a better boot, a better way. In addition to meeting the NFPA standards, we meet the standards of the firefighters who demand all-day comfort, support and protection. Click here for Alan's LinkedIn profile. Here's the latest interview on Radio Entrepreneurs, this time on the Business Planning and Entrepreneurship course. The interview link is here and the video snippet is below. Please send any prospective ideas to [email protected] Happy listening! Many thanks to the Needham Channel for this honor, and more importantly, for helping the Show to slowly get distributed across the US. Please check out this link, or review the screenshot below.
Here are today's Radio Entrepreneurs segments. The first is a recap on the IME Asia trip to Asia. Interview link is here and video interview is below. The second is an interview with Howie Green, an executive from the retail industry who helps entrepreneurs grow and control their businesses. Here's his LinkedIn profile and see the 2nd video link. Episode #3 on the Language of Business has now been completed!
Our first guest, Lisa Tanzer, is a marketing executive from large companies such as Princeton Review, Cookie Jar Entertainment and Staples. Her current start-up is knownbuy.com where she's the Co-founder / CEO, and the company is an easy way for people to "sell stuff they no longer need and buy stuff they want by shopping with people they know or are connected to in some way." The interview link is here. Sarah Fay's 10-minute segment is on this link. She is a veteran of the media services industry: in her two decades of experience, she has developed and implemented groundbreaking new models for advertising and media. Over the course of her career, Sarah has become a well-known voice in the advertising industry on the topics of digital marketing and media integration. She has helped to build one of the most recognized digital companies in the world through a combination of acquisitions, new business wins, and organic growth. Drew Hannah is our Entrepreneur on Episode #3 of the Show. He is known for an ability to work well with founders/executive teams, especially those whose deep domain expertise is a source of innovation and competitive advantage. Drew provides hands-on CEO-level execution and guidance necessary to position, fund and transform revenue stage businesses to maximize profits and to accelerate growth. His Language of Business interview is here. The full, 30 minute broadcast is viewable here. Enjoy, and thanks for your support. This past Monday we've gone into national distribution across the US and have already been picked up by stations in California and Florida. Please have prospective entrepreneurs check out the Business Plan course web site and contact me directly. Greg Many thanks to Marc Mandel, Executive Director of the Needham Channel (our home producer for the show and a super smart and nice guy) who has made arrangements for this program to be nationally distributed across the US. Also, a well deserved shout-out to Don Kelley, Jen Powell and Jeff Hulton for their associated efforts, too.
It has already been downloaded from stations on the West Coast and in Florida, with hopefully many more to follow. Episode #3 on the Marketing Plan will be airing this week and also shortly thereafter put into distribution. Episode #5 (on International Sales) will be filmed in two weeks. THANK YOU FOR YOUR SUPPORT, as it means a lot. We've already received an idea for the BC Business Plan course, too, in turn, and in part, accomplishing our media outreach objective. Why Growth Matters, written by Jagdish Bhagwati and Arvind Panagariya, two esteemed Professors of Economics at Columbia University, is a hard-hitting book which basically states that India has grown rapidly since 1991 because of economic and trade liberalization, and that the growth has helped to alleviate poverty.
Written from an economically conservative vantage point, authors Bhagwati and Panagariya lay their stakes in the ground early, sharply criticize left-wing economists such as Joseph Stiglitz and debunk claims such as that growth has not improved the lives of most Indians (I myself, being of Indian descent, have seen many Indian peoples’ lives improve drastically since 1991). One of their strongest arguments is that income redistribution was not a feasible means of lifting India out of poverty for a long time because there just weren’t enough affluent people from whom to collect money. The main point of the book is that in order for poverty levels to decrease, growth needs to happen. Period. At their core, Bhagwati and Panagariya do not want a very unequal society (one with a high Gini coefficient) and are genuinely concerned with mitigating as much poverty as possible. The most surprising thing that I learned is that the main culprit for India’s lackluster growth until 1991 was not Jawaharlal Nehru (India’s first Prime Minister), but his daughter Indira Gandhi. Nehru believed not so much in nationalization, but rather gradually increasing the size of the public sector relative to the private sector by increasing government spending. Indira Gandhi, on the other hand, wholeheartedly embraced nationalization, and essentially nationalized many key industries—including many prominent oil and insurance companies. She even went after foreign companies, causing foreign investment to dry up (Coca-Cola initially left India in 1978). This policy hampered India’s growth and was unsustainable-- and only stopped with her death. Overall, the authors are basically saying that while India has made great strides, it is far short of its true potential. In terms of going forward, they break down reform into two parts: Track I and Track II. Track I involves an initial (but targeted and effective) investment, including in infrastructure and in cleaning up constrictive labor laws. For example, India needs to invest much more heavily in ensuring a constant, uninterrupted supply of electricity throughout its country because right now, the constant power cuts are disrupting production, potentially causing companies to look elsewhere. Track II focuses on longer term goals such as reforming the healthcare system and promoting a more nutritious diet. I would also add that India’s patriarchal mindset needs to be reformed, as well. There are a lot of people in India (especially those coming from the more rural, uneducated parts) that firmly believe that a woman’s place is in the home. Without a shift in this antiquated mindset, many intelligent women with a tremendous amount of potential do not enter the workforce, depriving India’s economy of some valuable human capital. The one downside to this book is that it is a book written by economists for economists. I happen to be very interested in development economics and so, it was easy for me to comprehend and enjoy. I believe that the authors can improve this book by supplementing their arguments with some qualitative anecdotes, such as personal firsthand accounts of poverty reduction in the last 20+ years. Overall, Why Growth Matters is very well written and I would recommend it to anyone interested in learning more about India and/or in development economics. This book has resounding implications for India in wake of next year’s National Elections between the liberal-but-politically inexperienced Rahul Gandhi (Indira Gandhi’s grandson) and the freemarket but religiously conservative (some even say religiously intolerant) Narendra Modi. @GregoryStoller: IME Asia is now back in Boston. Everyone has their luggage & is on their way home. Thanks for your support re: this year's course! |
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Useful links: CCAFM is our international consulting partner in Beijing, China. They're smart, creative, honest, successful business people. Ms. Beth Goldstein is a good friend and doing some great work in the entrepreneurship space. Check out her blog. Mr. Yuya Kiuchi is a periodic guest blogger on this site, originally from Tokyo, Japan. Check out his personal page or Wikipedia profile. Mr. Samir Jaluria was one of our standout students in the full-time MBA Program at Boston College, and is a periodic guest blogger on this site. He is currently a management consultant and freelance writer. Check out his LinkedIn Profile. Mr. Jeffrey Ross, managing partner of Glenoe Associates LLC has owned or operated 6 businesses: Retail, hotels, distribution, fast food and assisted living. Jeff's a Mentor for my Business Planning course. |